Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.
Tags: IPO
Marchionne: IPO not the best way to invest in Chrysler
Fiat CEO Sergio Marchionne had discouraged investors in a conference last week to participate in the upcoming debut of Chrysler Group, said a Reuters report.
SFX share price drops after USD260 million IPO
Shares of SFX Entertainment Inc dropped 2.6% in early trading post-IPO. Music festival producer SFX Entertainment Inc saw its share price dropped in early trading just after raising USD260 million in its public listing.
Meridian Properties calls off EUR 170 million IPO
Meridian Properties did not push through with its planned EUR 170 million due to adverse market conditions.
Tweeter trading symbol changed to avoid Twitter mix-up
Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.
Latest News
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
Doug Dennerline, who is UK open source company Alfresco's new chief executive, said that although plans for a public offering were in the cards, he would rather focus on looking for additional funding for company expansion.
Washington-based Carlyle Group could possibly sell its shares in Turkey's Medical Park and Saudi Arabia's General Lighting.
Facebook, after its dismal opening at IPO and subsequent decline, is affecting the overall enthusiasm in Twitter.
On Friday, the New York bourse saw an increase in trading of Potbelly Corp's shares after its public listing launch.
Avaya Inc had explored a sale earlier this year instead of taking the company private, said a Reuters report.
Twitter Inc's prospectus filing on Thursday revealed its reliance in influential users like celebrities to be more relevant.
Mortgage insurance firm Essent added Wells Fargo into its list of underwriters together with Bank of America, JPMorgan Chase and Barclays.
